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Technology Stocks : Seagate Technology

STX 250.38

-5.7%

Nov 4 4:00 PM EST

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To: Dwayne Hines who wrote (7696)	10/20/2010 11:03:30 PM
From: Sam	of 7841

Looks like this might Seagate's last report for a few years. 4:06PM Seagate Tech misses by $0.08, reports revs in-line; will not provide guidance due to preliminary indication of interest on going private transaction (STX) 15.21 : Reports Q1 (Sep) earnings of $0.37 per share, $0.08 worse than the Thomson Reuters consensus of $0.45; revenues rose 1.3% year/year to $2.7 bln vs the $2.72 bln consensus. Due to regulatory requirements the company will not at this time be providing any additional information concerning the preliminary indication of interest regarding a going private transaction that was disclosed on October 14, 2010, and the company will not provide, discuss or answer questions regarding the outlook for the December quarter or any future fiscal periods.

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